Lend Lease Starts Construction on Trump International Hotel, Washington, D.C.

Jan 28, 2015, 10:05 ET from Lend Lease

WASHINGTON, Jan. 28, 2015 /PRNewswire/ -- Lend Lease, one of the world's largest property, infrastructure and construction management firms, has been selected by The Trump Organization to provide Construction Management Services for Trump International Hotel, Washington, D.C.  Demolition began in September, commencing the $200 Million redevelopment of The Old Post Office into what will be one of the newest additions to the rapidly growing Trump Hotel Collection. The transformation of the iconic national landmark on Pennsylvania Avenue, which will preserve the architectural character and integrity of the building, is scheduled to be complete in mid-2016.

Trump International Hotel, Washington, D.C. will feature 272 richly furnished guestrooms, averaging more than 600 square feet, making them the largest in Washington, D.C., with lofty 16-foot ceilings, soaring windows, beautifully restored historic millwork, and glittering crystal sconces and chandeliers. In addition, two extraordinary Presidential Suites will be located in the historic former offices of the Postmaster General. At 3,500 and 5,000 square feet, the three-bedroom suites will be among the largest in the country. The hotel will also offer a total of 36,000 square feet of meeting and event space, including the opulent 13,000 square foot Grand Ballroom, and a 5,000 square foot super luxury spa and state-of-the-art fitness center.

"Given the historic nature of the Old Post Office building, and its subsequent preservation requirements, we will be utilizing the best of the best when selecting and awarding the subcontractors for the Trump International Hotel, Washington, D.C. We are elated to be a part of this iconic project!" Steve Conley, EVP, Principal in Charge of the Washington DC office of Lend Lease.

The Trump Organization and Lend Lease have a longstanding relationship and have collaborated on some of the most high profile projects in the real estate and construction industries. To date, Lend Lease has served as the construction manager for the Trump International Tower and Hotel in Chicago, Trump SoHo, Trump Place at Riverside South, and Trump World Tower in New York.

"I am pleased to be working with Lend Lease again," said Donald J. Trump.  "We have had great success in the past and I am sure the final result of Trump International Hotel at the site of the Old Post Office will be no different. We are already ahead of schedule."

Lend Lease manages the construction of some of the most complicated high rise construction projects in the industry.  Since 2000, Lend Lease has constructed approximately 238 high rise projects valued at over $22 billion representing over 120 million square feet and nearly 7,500 floors.  Currently, Lend Lease is managing 14 high rise towers in the largest metropolitan areas in the United States and Mexico.  Additionally, Lend Lease is responsible for managing a portfolio of real estate assets for the United States Department of Defense through its Military Housing Privatization Initiative (MHPI), a program that provides for the transfer of military housing assets to private sector companies. The Lend Lease portfolio of assets encompasses over 40,000 residential units, 192 apartments and more than 11,600 hotel rooms.

About Lend Lease:

Lend Lease is a leading international property and infrastructure group. Listed on the Australian Securities Exchange and with circa 13,200 employees worldwide the firm's capabilities span the property and infrastructure spectrum.

The Americas region, headquartered in New York, offers project management & construction, public partnerships, development, asset and property management. Our expertise covers multiple sectors including arts & culture, commercial office, education, government, healthcare, hotels & resorts, industrial, military housing communities, mixed-use, multi-site, pharmaceutical, senior living, solar, transportation and aviation.

We are committed to operating Incident & Injury Free wherever we have a presence, safely creating innovative and sustainable property solutions while forging partnerships and delivering maximum benefits to clients, investors and communities. 

www.lendlease.com

About TRUMP HOTEL COLLECTION:

Launched in October 2007, TRUMP HOTEL COLLECTION™ is the next generation of luxury hospitality – one that is raising the bar for top-tier travel experiences with a level of customized service unrivaled in the market today. Presided over by internationally renowned developer Donald J. Trump and his three grown children – Donald Jr., Ivanka and Eric – the prestigious portfolio includes the highly acclaimed Trump International Hotel & Tower® New York, Trump International Hotel & Tower® Chicago, Trump International Hotel™ Las Vegas, Trump International Hotel™ Waikiki Beach Walk®, Trump SoHo® New York, Trump Ocean Club® International Hotel & Tower Panama, Trump International Hotel & Tower Toronto®, Trump National Doral® Miami, and Trump International Golf Links & Hotel™, Ireland.  Trump® Hotel Rio de Janeiro, Trump International® Hotel & Tower Vancouver and Trump® International Hotel, Washington, D.C. are slated to open in 2016. Reservations can be made at www.TRUMPHOTELCOLLECTION.com or by calling (855) TRUMP-00 (878-6700). TRUMP HOTEL COLLECTION is headquartered at Trump Tower, 725 Fifth Avenue, New York, NY 10022. Connect with TRUMP HOTEL COLLECTION on its social media pages.

 

SOURCE Lend Lease



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